Inland Revenue changes stand on stamp duty
Inland Revenue changes stand on stamp duty
- 1994
- Estate Agent July 1994, 6(1) .
Stamp duty for part exchange deals will hinge on the wording of the contract making it clear that the cheaper home is taken in part payment for the purchase of the more expensive home in one transaction and stamp duty will be calculated once.
CONVEYANCING
FINANCE BILL 1994
PART EXCHANGE
STAMP DUTY
TRANSFERS
Stamp duty for part exchange deals will hinge on the wording of the contract making it clear that the cheaper home is taken in part payment for the purchase of the more expensive home in one transaction and stamp duty will be calculated once.
CONVEYANCING
FINANCE BILL 1994
PART EXCHANGE
STAMP DUTY
TRANSFERS